Tamilnad Mercantile Bank Legal & Regulatory

Tamilnad Mercantile Bank Results Update

TMB's press release reports Q2 net profit up 42.09% to ₹451 Crore. Total business rose 27.25%, and gross NPA fell to a 10-year low of 0.61%.

Tamilnad Mercantile Bank Earnings Call Transcript: Key Takeaways

TMB reported record quarterly net profit driven by strong net interest income and significant RAM segment growth.

Call

Guides 22% growth

Tamilnad Mercantile Bank Investor Presentation: Key Takeaways

Q2 FY27: total business ₹1,30,237 Cr (+27.25% YoY), record net profit ₹451 Cr (+42.09%), ROE 16.92%, GNPA 0.61%, NNPA 0.14%.

Tamilnad Mercantile Bank Q2 FY27 Results: Net Profit ₹451.1 Cr, Up 42.1% YoY

Tamilnad Mercantile Bank Ltd reported revenue from operations of ₹1,820 Cr (+28.8% YoY) and net profit of ₹451.1 Cr (+42.1% YoY) for Q2 FY27.

Key figure

Net profit ₹451.1 Cr · +42.1% YoY

Tamilnad Mercantile Bank Capacity Expansion

Tamilnad Mercantile Bank Limited is opening a new branch in Kadambur, Thoothukudi District. The branch is scheduled to commence operations on October 12, 2026.

new branches

1.0 branches

Tamilnad Mercantile Bank Board Meeting Date

TMB has announced its Board meeting scheduled for 26 October 2026 to consider un-audited Q2/H1 results. The trading window for Designated Persons remains closed from 1 to 28 October 2026.

Coromandel International Legal & Regulatory

Coromandel International received a Deputy Commissioner (Appeal) GST order-in-appeal for FY 2019-20 confirming ineligible input tax credit demand. The company will appeal before GSTAT and expects no significant financial impact.

Value

₹0.18 Cr

Taurian Mps Legal & Regulatory

Taurian MPS received a SEBI adjudication order imposing penalties of Rs.5 lakh on the company, Rs.5 lakh on promoters jointly, and Rs.8 lakh on the merchant banker. The penalties relate to IPO offer document disclosure deficiencies.

Value

₹0.05 Cr

Coromandel International Legal & Regulatory

Coromandel International received a GST Order-in-Appeal confirming a ₹1.79 Crore tax demand. Including interest and penalty, the total is ₹4.05 Crore; the company will appeal.

Value

₹4.05 Cr

Shreeji Global FMCG Legal & Regulatory

Shreeji Global FMCG received a customs Order-in-Original demanding about ₹42.47 Crore in duty, penalties and redemption fines. The company plans to appeal before CESTAT.

Value

₹42.47 Cr

HD Fire Protect Legal & Regulatory

HD Fire Protect received an MPCB refusal of Consent to Operate for its Jalgaon expansion sheds. Existing manufacturing operations continue, with no material impact anticipated.

Krishna Institute of Medical Sciences Legal & Regulatory

KIMS discloses a pending suit over its Chennai hospital land lease, naming it defendant. Supreme Court dismissed its SLP; no injunction halts the project.